Saudi AI firm Mozn raises $10m Series A led by Raed Ventures
By Cicada DeskEvent date: 1 min read
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In brief
Mozn, a Riyadh-based AI company focused on Arabic natural-language understanding and risk management, raised a $10 million Series A led by Raed Ventures, with Shorooq Partners, VentureSouq, Sukna Ventures and others participating.
Mozn, a Riyadh-based AI company focused on Arabic natural-language understanding and risk management, raised a $10 million Series A led by Raed Ventures, with Shorooq Partners, VentureSouq, Sukna Ventures and others participating. Its products include the FOCAL financial-crime suite and the OSOS Arabic natural-language understanding platform.
Raed Ventures' founding partner said Mozn could become a flagship AI company in natural-language understanding and risk-management technologies.
Key figures
- $10mround size
Sources
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Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.
Cite this story
Cicada Desk. "Saudi AI firm Mozn raises $10m Series A led by Raed Ventures". Cicada, 4 February 2022. https://cicadaconsultancy.online/en/news/mozn-series-a-2022
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